Threshold Study of Digital Financial Inclusion on Income of Opportunity Inequality
Reducing income of opportunity inequality and promoting social justice is an inevitable choice for realizing common prosperity.In this paper,using the 2021 China General Social Survey data to construct an income of opportunity inequality index for prefecture-level cities,combining it with Peking University's digital financial inclusion index,collecting macroeconomic data for prefecture-level cities,we use the threshold quartile regression model to study the threshold effect and heterogeneity effect of digital financial inclusion on income of opportunity inequality.The results of the study show that:firstly,digital financial inclusion development significantly reduces income of opportunity inequality,but the impact of digital financial inclusion varies across regions with different levels of income of opportunity inequality.Secondly,there is significant threshold effect between digital financial inclusion and income of opportunity inequality.In regions with low levels of income of opportunity inequality,the dampening effect of digital inclusion on income of opportunity inequality is stronger when it is below the threshold value,but weaker when it is above the threshold value.
digital financial inclusionopportunity inequalitythreshold effect
万方数据
